Skin Lighteners Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Skin Lighteners Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : November, 2020 | Healthcare IT | PPT format

Report Digest


Global Skin Lighteners Market: Snapshot

The growing desire for light-colored and even-toned skin, increasing importance given by male consumers towards personal grooming, and demand for organic skin lighteners are some of the key factors driving the global skin lighteners market. Moreover, escalating demand for UV absorbers in skin lightening formulation is a trend that bodes well for the future of skin lighteners market, which on the other hand is challenged by factors such as concerns over excessive usage of hydroquinone and mercury, management of efficient supply chain, and packaging solutions.

As far as the competitive landscape of the global skin lighteners market is concerned, L'Oréal, P&G, Unilever, Beiersdorf, Estée Lauder, and Shiseido are some of the leading companies who hold most prominent shares in an intensely competitive environment. Product innovation and aggressive marketing are two of the primary strategies adopted by these leading companies to reach their targeted consumer. On the other hand, the entrance of new players is quite tough in the global skin lighteners market as leading brands have widespread presence as well as the financial might to research and develop new products on a consistent basis.

This report on the global skin lighteners market provides comprehensive assessment of the current scenario and estimates the future state until 2025. The report takes stock of the key regions for skin lighteners market, especially Asia Pacific which resides vastly populated country of India wherein the demand for light-toned skin has escalated exponentially in the recent past, both among the men and women.

Global Skin Lighteners Market: Overview 

Skin lighteners are chemicals that lighten the skin tone by bringing down the concentration of  melanin. Also referred to as skin whiteners or skin bleaching agents, skin lighteners are typically used in specific areas of the skin where melanin concentration is abnormally high. Such areas include birth marks and moles. They function by preventing tyrosinases that brings downs melanin production. Skin lighteners come in the form of lotions, cream, powder, or gels and is comprised of retinoid, melanin-inhibiting ingredient, and sunscreen. Based on product type, skin lighteners can be segmented into topical creams, cryosurgery, and laser resurfacing

The global skin lighteners market is characterized by stiff competition, wherein the prominent vendors try to outdo each other on the basis of product differentiation, quality, and pricing. The entry barrier to the market, however, is stiff on account of the stronghold of the existing leading players and high cost of research and development. 

Global Skin Lighteners Market: Trends and Opportunities 

The global market for skin lighteners is expected to grow at a healthy clip on account of a growing desire among people to have radiant and flawless skin. Their usefulness in tackling skin-related concerns such as scars, pigmentation, discoloration, acne marks, and age spots has been positively impacting their market. Skin lighteners also aid in the treatment of medical conditions such as vitiligo, hyperpigmentation, melasma, and rosacea. This has further stoked their demand. 

Strong competition among leading vendors in the market has led to frequent unveiling of innovative products. Another noticeable trend in the market is the use of plant extracts such as aloe vera, green tea extracts, marine algae extract, grape seed extract, mulberry extract, flavonoids, etc. in formulating products because of the rising ranks of discerning consumers preferring natural ingredients. Such plant extract-based skin lighteners aid in lowering melanin production and increase collagen production, thereby making the skin healthy and spot-free. 

One factor discouraging the growth in the market is the presence of certain active ingredients, namely skin lighteners and hydroquinone in skin lighteners which can cause harm to the skin. In fact, hydroquinone is already banned in some countries or can be had only if prescribed by a dermatologist

Global Skin Lighteners Market: Regional Outlook 

North America leads the global skin lighteners market with maximum share and Europe follows next. This is mainly because of the strong spending capacity of the people, awareness about skin whiteners, an advanced healthcare infrastructure, and a proper regulatory framework in place. Asia Pacific is also considered a lucrative market for skin lighteners because of a strong desire among people in the region for a lighter skin tone, increasing disposable income, and a fast developing healthcare infrastructure. India and China are frontrunners in the market in Asia Pacific by dint of their huge population and growing awareness among them about the various skin lighteners in the market. Japan too is a key market in the region because of its improving healthcare infrastructure.  

Companies Mentioned in Report

Some of the key players in the global market for skin lighteners are Beiersdorf AG, Clarins SA, CavinKare Pvt. Ltd., Elder Health Care Ltd., Hindustan Unilever Ltd, Kao Corporation, Emami Limited, Procter & Gamble, Shiseido Company Limited, and Jolen Inc. 

Global Skin Lighteners Market is segmented as: 

Global Skin Lighteners Market, by Geography 

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

 This report gives you access to decisive data such as: 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years 

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?